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than making them automatic meat cleaver cuts as so many worry about they would give the pentagon some discretion and latitude to target the spending cuts themselves. whether they will reduce the number of spending cuts that hit the pentagon and the dod that remains to be seen. what we do understand is in a few hours the republicans in both the house and senate will say let's give the pentagon some jurisdiction over these spending cuts rather than imposing automatic cuts that in some cases could do more damage than good. jon. jon: carl cameron on capitol hill in washington thank you. jenna: as the president looks for a short-term solution to the nation's spending problem the congressional budget office has come out with a new and quite frankly disturbing report about our financial situation, our soaring debt. right now our debt is at a record of more than $16 trillion. in just ten years the cbo says that number will grow to become 77% of what we produce, what our economy proceed dies. gdp. horry rolori rot man is with us. >> these projections are the latest evidence showing that our go
doing this from tsa to the pentagon and you have the white house, i believe, egging them on. it's in the white house' interest to create the most lurid possible story about what the cuts would mean. they want to put them off or substitute tax increases for them. jon: we heard ray lahood talking about airport patrol towers that will be unmanned from midnight on. frankly there are a lot of airport control towers unmanned from midnight on and pilots land anyway. >> the way these things were designed, they were designed to be stupid and designed to make it painful for both sides. so they do something else to reduce the deficit instead, that is not going to happen. the sequester is going to happen march 1st and i think after that at some point hopefully both sides will sit down and figure out a more rational way to allocate these cuts. these cuts should happen. if we can't gut 3% of the budget over ten years we moisture as well declare national bankruptcy right now. jon: interesting that its discretionary funding, and programs that are getting cuts, no cuts from mandatory spending. >
the confirmation of former senator chuck hagel to head the pentagon seems more likely. senate republicans successfully held up the process seeking clarification about mr. hagel's views on israel and iran and pressed the administration for more answers about the deadly benghazi terrorist attack. chief congressional correspondent mike emanuel is live in washington with more details on all of this. mike, what is the latest from top republicans from the hab gel nomination. >> reporter: senator john mccain said what we've been reporting which is after this recess the senate will up the nomination and the expectation senator chuck hagel will votes necessary to be confirmed. his colleague, senator lindsey graham explained why. >> because i do believe the president has great deference. here's the question for of the country. can we do better than that? i think so. the president chose a controversial nominee that refuses to sign letters supporting israel during the 2000 infin todd today. refused to iranian guard as terrorist organization. refused to sign a letter asking the e.u. designates hezboll
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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